Tag: vouching
Audit Procedure
Vouching of Income from Investments Some companies would have invested large amounts in shares, securities, deposits and scrips. They may maintain separate investment registers recording the details of each …
Guidelines for Auditors
Documents to be Verified in Vouching of Directors Remuneration An auditor should verify the following documents while vouching directors remuneration. 1. The agreements with managing directors. 2. The approval …
Audit Procedure
Meaning of Vouching Vouching involves not only the substantiating the entry in the books of account with any documentary evidence like assessments, receipts, counterfoils of receipt book or paying-in-book, …
Audit Procedure
Vouching of Receipt side or Debit side of Cash book The receipt side or the debit side of the cash book contains items such as opening balance, cash sales, …
Auditing
Vouching of Cash Transaction In a business concern, cash book is maintained to account for receipts and payments of cash. It is an important financial book for a business …
